Cheap Eggs Get a Boost From Australia's Stagnant Wages
- Consumption rose 6 percent last year: Australian Eggs MD
- Australia battling limited wage growth, household debt
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A slumping property market and stagnant pay packets are good news for at least one staple food in Australia -- eggs.
Consumption jumped more than 6 percent to 6 billion in the year ending June 2018, or 245 eggs a year for every woman, man and child, according to industry group Australian Eggs. While that’s still short of one a day, the growth compares with declines in beef and chicken consumption.